I/OMagic Corporation Expands Its Optical Storage Line-Up With Introduction of CD Duplicator; Features Include 'One-Touch' Copying System and 'Stand-Alone' Operation.Business Editors/High-Tech Writers SANTA ANA, Calif.--(BUSINESS WIRE)--March 26, 2003 I/OMagic Corporation (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :IOMG), a leading developer and marketer of optical storage and digital entertainment devices, recently launched the latest addition to its stellar optical storage line-up -- the CD Duplicator. The CD Duplicator is unique in that it allows users to copy a disc with a touch of a button, yet it is a stand-alone device that does not require a connection to a PC or notebook computer. "The CD Duplicator can quickly and efficiently back-up or copy files," said Paul T. McCauley, vice president of Marketing for I/OMagic Corporation. "Users can duplicate a full 650MB CD in as little as 2.5 minutes." The CD Duplicator includes a 52X CD-ROM CD-ROM: see compact disc. CD-ROM in full compact disc read-only memory Type of computer storage medium that is read optically (e.g., by a laser). source drive and a 40X12X48X CD-RW (CD-ReWritable) The only rewritable CD technology. CD-RW disks look like other CD media, but with close inspection, they have a more polished surface with a very dark blue-gray cast. target drive and will support CD-R, CD-RW, Audio CD, Video CD, Photo CD, Data CD, Mixed-mode CD, CD Extra, Hybrid CD, mini CD and Biz-Card CDs. The CD Duplicator also supports both a USB USB in full Universal Serial Bus Type of serial bus that allows peripheral devices (disks, modems, printers, digitizers, data gloves, etc.) to be easily connected to a computer. 1.1 and USB 2.0 PC link. I/OMagic began shipping the CD Duplicator in Q1 2003 to retailers nationwide with an MSRP of $229.00. About I/OMagic I/OMagic develops and markets optical storage products (CD-ROM, CD-RW drives & media, DVD-ROM DVD-ROM: see digital versatile disc. A read-only DVD disc used to permanently store data files. DVD-ROM discs are widely used to distribute large software applications that exceed the capacity of a CD-ROM disc. & DVD DVD: see digital versatile disc. DVD in full digital video disc or digital versatile disc Type of optical disc. The DVD represents the second generation of compact-disc (CD) technology. +RW/+R drives) and digital entertainment devices (MP3 players & LCD Flat Panel TV/Monitors). The Company sells its many products, under three brand names -- I/OMagic, Hi-Val & Digital Research Technologies -- through nationally and internationally recognized computer retail outlets, such as Best Buy, Circuit City, CompUSA, Office Depot, OfficeMax, Radio Shack U.S. and Future Shop and Best Buy of Canada. For more information, visit the I/OMagic Web site at www.iomagic.com. Forward-looking statements in this release with respect to the financial condition, results of operation and business of the Company are made pursuant to the safe harbor provisions of the Private Securities Litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties including, but not limited to, dependence on the PC and consumer electronics industries and on product lines based on new technologies; foundry capacity, availability and reliability; competition and pricing pressures; and other risks detailed from time to time in the company's periodic reports filed with the Securities and Exchange Commission. |
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